Europe's Scariest Chart Just Got Scarier-er

We were the first to note the dire state of youth unemployment in Europe here, and reiterated here, as this terrible social situation just goes from bad to worse this month. Whether youth unemployment is a proxy for sales of PlayStations or for the much more critical likelihood of widespread social unrest and eventually the dissolution of Europe's political compact is unclear but one thing is for sure - Europe's leaders will be watching this chart and quaking as nation after nation breaks to all-time high levels of joblessness for the critical tinder-box of Under-25 year-olds. The Euro-zone youth unemployment rate is back over 22% for the first time since September 1994. With Spain and Greece over 50% (and rising) and Italy now joining Ireland over 35% at the same time as Germany's youth unemployment falls below 8% for the first time since May 1993 - one can only surmise the rising tensions between the haves and the have-nots (even as Germany's PMI disappoints).

For comparison, the US is not exactly sunshine and roses, with 16-17 year-olds back near 30% unemployment and 18-19 year-olds back over 22% - even as 20-22 year-olds improve gradually.

I believe that President Van Rompuy is setting himself up as a prime candidate for the Nobel Peace Prize. President Sarkozy correctly warned that a failure of the Euro will inevitably lead to war between the formerly unified nation states and President Rompuy is literally saving MILLIONS of lives by holding the Euro currency together. I hope that his courage does not go unrewarded and that we can find it in ourselves to put aside social prejudice and thank global leaders for their courageous work.

What I don't understand is why Europe won't publish the unemployment rate for the 8-14 year old demographic? Is it good news on the child labor front or are there massive unemployment numbers that will greatly affect investor sentiment?

Anything other than dissolution of the Eurozone will mean civil war and mass murder across the European countries.

It's that simple. Romania & Greece show it for what it is. Italy isn't far behind. We'll see about Spain & Portugal but Spain & Ireland have already been hit with massive protests... so what do you think is next?

Yeah, right. Have you ever been to Europe? The idea of their "unemployed youth" being any sort of "social threat" is risible. Despite their protestations, the governments over there keep them well supplied with shelter, food, and vice.

No, I don't think any wars or "revolutions" are in the offing anytime soon...

99% of them, upon failing to find a way to plug said uzi into their Wii, would try to sell it. This would cause the price of uzis to crash to their scrap metal value and I might finally be convinced to add a couple to the collection.

Oh, they're out there nosing around all right. Buying up the "anarchist cookbook" (total shit info, for those of you tempted to try it, I bought it at a local gunshow when I was 14) and using craigs list to hunt up C4.

For all of you pinning your hopes on the "youth", just look to that set of hydrocephalic morons from Cleveland in the news yesterday and you'll see the apex realized. That's the best your are going to get. That represents the sum total of any who can at the very least be moved to independent thinking and action.

When this thing starts, the curtain is going to get pulled back and the left exposed for the muddling, theorizing, incapable of action pack of do-nothings that they are. Their great armies of 300 pound lard ass SEIU members, rabid 85-IQ inner city futureless gang bangers and 120 lb. street theater activists are going to momentarily flutter like rags in the wind, then lay around stinking like that cum towel you find on Tuesday under the bed after a wild weekend.

All this, at least here in the USA, where we have all sorts of gats n shit. Europe, well I worry about them, especially since any bloodlines that had real pep in them got noticeably thinned about 60 years ago. I hope they surprise and prove me wrong.

As I have written in numerous post the question is who are these unemployed youths?

Let's take Sweden once again as an example, sweden has roughly 30% of it's youth with roots outside sweden (mainly Africa and Arab countries) and today about 25% unemployment in this group.

Or why not let Thilo Sarrazine from Germany explain it once again:

"Integration requires effort from those that are to be integrated. I will not show respect for anyone that is not making that effort. I do not have to acknowledge anyone who lives by welfare, denies the legitimacy of the very state that provides that welfare, refuses to care for the education of his children and constantly produces new little headscarf-girls. This holds true for 70 percent of the Turkish and 90 percent of the Arab population in Berlin."

So once again, no one gives a fuck about these assholes who only abuse the idiot marxist system.

Look for trouble when productive people are affected.

I know the situation is different in the UK, but seriously who gives a fuck abou them? They have never been part of european culture.

So if this is the "horror" we should fear, there is nothing to fear but fear itself :)

The problem are the ignorant peasents brought-in by the truckload from out of the way vilages in backwards corners of the world. They have huge trouble integrating into a completely different culture (if they try at all) and when in large enough numbers they tend to end up clumped together in segregated neighbourhoods.

Frankly, as a an imigrant myself, my point of view is that I'm the guest here and am supposed to at least respect the culture of the locals.

-1 on Sweden. The Gov. declared a failure of it's own migration policy 2 or 3 years ago! While on one side the coutry is desperate for workforce as the "babyboomers" are retiring, on the other hand they don't do more for the newcomers than tossing them in a ghetto suburb where no swede wants to live...

Or why not let Thomas Huddlestone of MIPEX explain it again :

Sweden, like many states, faces daunting challenges to make equality a reality. Few European countries are as far as traditional immigration countries on an effective implementation, enforcement and evidence-based approach for integration or anti-discrimination. The bar for success for immigrants is comparatively high in Sweden, a society enjoying some of the highest standards of living and levels of development, educational attainment, competitiveness, and active citizenship. The Swedish welfare state comes with its own set of obstacles for “outsiders,” including high levels of employment protection for “insiders”, little appreciation of foreign qualifications or work experience, discrimination during the job-hunt, closed-off political parties, poor results for students from poor non-Swedish-speaking families. Immigrants also have very different starting points. Sweden has its fair share of humanitarian migrants and legal respect for all families, including foreigners.

Much like yourself getting dropped into a rainforest and being told to survive, it depends on one's own adaptability and survival skills. And it doesn't get any better with the rise of the brownshirts, as the ship slowly sinks...

Piss on those people. If their goddamn homeland was so wonderful, why didn't they stay there? Why didn't they work to make it better? If we wanted their delightful "culture", we'd start implementing it our damn selves.

instead, we have assholes like you telling us we have to understand and support sick shit likenot eating pork, using one sheet of toliet paper, men sucking dicks, kwanza and other make believe heritages, clitorectomies and no suffrage for women.

"Integration requires effort from those that are to be integrated. I will not show respect for anyone that is not making that effort. I do not have to acknowledge anyone who lives by welfare, denies the legitimacy of the very state that provides that welfare, refuses to care for the education of his children and constantly produces new little..."

Uh, not only does this sound like the politician parasites, but the politician parasites created this situation. The people of a country continue it by voting for incumbents the majority of the time. Your blame for the root cause is misplaced.

No wonder U call yourself imbecile. Fucktard would be more appropriate.

It will be interesting to see how this unsustainable situation shakes out in 100 years. I doubt it will be pretty. Either the new (Islamic) immigrants will have supplanted the native European culture or there will be be a purge of the newcomers. Either way, it will mean a bloodbath. My $$ is on the natives if they ever jettison political correctness--otherwise, the Islamists have the edge. The ironic thing is that the Europeans are paying these immigrants to come and take advantage of them and forment eventual civil war. This policy is an example of epic, suicidal stupidity on behalf of a civilization that should have known better. And we're not that far behind.

Charts like this effectively spell a lower standard of living for their generation. But, that's not all. Folks retiring at about the time they hit their 30's will also experience a lower standard of living due to lousy tax base. I now see two generations living in poverty. I hope the Central Bankers are proud of themselves.

Now I figure you are going with the 2nd definition of anarchy. But even then I would argue the person is not an authority. The person is just shooting. My example is to show they would want order at that time, some reason to prevent the person from pulling the trigger (ie: the rule of law and authority).

That the failure of the Euro would "inevitably lead to war between the formerly unified nation states" is the most ridiculous and irresponsible thing I have ever heard. What exactly would a war expect to solve or gain for anyone? It doesn't make any sense to me. What the failure of the European Union would be to return sovereignty to the various nation states and therefore increase the power of democracy to them and destroy the power of the Brussels bureaucrats. The European countries have very little in common with each other. Their differences should be recognized and respected.

It's about dominance. that's all the Euro was about, thats all the wars are about. It's about power over other people because they know best. this is a very hard concept for non-psychopaths to grasp because we dont sit around all day every day trying to figure out ways to run other peoples lives. it's not idiology or economics. its about power.

& in DC & on Wall Street. Why are people so up in arms when someone @ the bottom of the economic totem pole robs a grocery store, but they'll make excuses for taxes, inflation, tolls (all theft because U have no opt-out) & outright corruption from officials & the financial elite who've bankrupted the world's greatest economic powerhouse.

So, tell me how GenY and Millennial savings and earnings are going to be anything *like* enough to support the current valuations of Boomer assets.

This is first and foremost a demographic crisis, intersecting with natural resource limits. It is probably not coincidental that the EU as a whole has fallen to 0.4% average annual population growth over the last decade.

A world war is coming, it is the only way to deal with unemployment, period. A WW would solve the youth unemployment problem in a hurry and also alleviate the threat of riots. War vs riots, good trade off?
If anyone thinks this will all be resolved without a MAJOR world war is naive, this is the way it works throughout history. Every country will then get a bogeyman to blame it on, this is in addition to immigrants.
Germany will likely be blamed by the southern countries while the northerners continue to call them bums. Terrible shit, really terrible in just 10 years!
WAR is a solution to several of these problems, debt, unemployment, rising hatred, distrust, etc. we've already started to blame the Europeans here in the US even though we are the primary cause of the economic problems worldwide.
Where is the best place to be? A cave deep in the Himalayas probably or maybe the Space Station....

I heard this little bit coming into work today, going from mem so it's not verbatim but approximate. In 1912 the average Am. farmer fed 20 people. Presently, they each feed 50. In order to stay on par with charted population growth curve, they'll have to double that in the next 10 years. Or as it was put, increase efficiency as much as it has been increased in the last 5000 years, again.

So I tossed it back and forth a bit. Mechanization and ag/pertol/chem have reduced the number of farmers and also increased the acreage that they're capapble of tending.

The kicker is the population growth/productivity relationship... famine is coming people, and with it the other 3 horsemen.

don't discount the very real strain of diminishing clean water is already placing upon the current population. now add 3b more people into the mix (and most of these will be in areas where the water issue is already critical..China and India).

As long as they keep printing this wont be a problem. What has the unemployment rate been amongst black teens for the last 10 years. Keep the presses running for Peace.... Cut off the welfare, then you will have a problem..... Simple as that.....

the problem doesn't stop with unemployment, most who do find work end up in the minimum wage to $10 per hour retail or low end "professional" variety complete with the complementary glass ceiling, no raises and next to zero opportunity for advancement.

when you are older and jaded like myself, grinding out a meager existence is not as big of a deal, but for the younger generation it's different especially since many have been filled with lies, propaganda and hype about how they will earn " 1 million more over their lifetime if they attend college" and the like only to find out when they hit the real world that claim is largely bullshit. but they do get to start adulthood carrying a rather large debt load around with them. those that don't attend college carry a socially engineered stigma of lower expectations right from the start, many higher wage or salaried positions will never be available to them because they didn't go 100k or more in the hole to get that piece of paper that promises to be the golden ticket to upward mobility, but in fact delivers nothing of the sort.

so when that student loan, higher education is the ticket to a better future (TM) bubble does pop and the younger crowd realizes the full extent of how they have been duped and turned into debt slaves and those who did not go realize that they are being held down for the advancement of one giant ponzi, well maybe then they will start occupying and protesting en mass.

maybe then we will see the bankster police state in it's full, tear gas, body armor, microwave gun,"non lethal" , boot stomping your face glory, then maybe us older jaded, angry folks will also finally decide to gather together en mass, but somehow, when that day comes I don't think we will be bringing sings with catchy slogans to the streets.

Fascism was not given out to the wet nurse of a doctrine elaborated beforehand round a table: it was born of the need for action; it was not a party, but in its first two years it was a movement against all parties. The name which I gave to the organization defined its characteristics.

6. Do not ever say "The Government will pay . . . " because it is you who pay; and the Government is that which you willed to have, and for which you put on a uniform.